U.S. health bill clears second Senate hurdle

U.S. Senate Democrats cleared the second of three 60-vote hurdles on President Barack Obama's healthcare overhaul on Tuesday, moving the landmark legislation one step closer to passage by Christmas. For the second

Moody’s cut Greece’s debt to A2 from A1

Moody's cut Greece's debt to A2 from A1 on Tuesday over soaring deficits, becoming the third major rating agency to downgrade the highly-indebted country's rating this month. Greece has been in turmoil

OPEC agrees unchanged oil output targets-delegate

OPEC oil producers agreed on Tuesday to keep output restrictions unchanged, an OPEC delegate told Reuters. Supply curbs by the 12-member Organization of the Petroleum Exporting Countries have helped recession-hit oil prices

Stocks, dollar rise on US recovery hopes

World stocks rose for a second day running on Tuesday and oil also gained on rising expectations of U.S. economic recovery, which sent U.S. Treasury yields and the dollar higher. The euro